News
Diciplinaries, 17 October, 2017
Auditor fined £1.8m for ‘misconduct’
The Financial Reporting Council has fined and reprimanded EY for work on its audit of tech company Tech Data.
Listing rules, 16 October, 2017
Opposition to listing rule changes continues to build
The FCA continues to meet with opposition to a rule change that would permit a state-owned company to list on the London Stock Exchange.
Financial services, 13 October, 2017
New EBA guidance published on Brexit relocations
The European Banking Authority has released recommendations for UK-based financial services firms considering moving to remaining EU member states post-Brexit.
Sustainability, 13 October, 2017
Enduring institutions prosper through serving society
The drive for sustainability has to some extent undermined the concept of shareholder value. Denis Kilroy argues that the key strategy companies should be pursuing is creating ongoing value and wealth.
Diversity, 13 October, 2017
FTSE 100 boards given deadline for finding ethnic minority members
The Parker Review sets a target for all FTSE 100 companies to appoint ethnic minority members by 2021.
Risky investments, 13 October, 2017
Debt and riskier punts push company takeover values close to European IPOs
Cheap debt and institutional investors looking for high-yield investments has led to a glut of company takeovers, rivalling the value of European IPOs.
Financial reporting guidance, 11 October, 2017
Corporates must get to grips with new accounting standards, says FRC
Clear disclosures about the effect of major new accounting standards, alongside better linkage between strategy, KPIs and remuneration, are areas under the gaze of the Financial Reporting Council.
Investor board representation, 10 October, 2017
GE chairman appoints activist investor representative onto board
Trian’s Ed Garden has joined the GE board at the behest of the company’s new chairman and CEO John Flannery.
Global risk, 10 October, 2017
Risk hotspots: a global roundup
Board Agenda reports on risk-related convulsions across the globe, from Spain’s constitutional crisis to Washington’s ongoing conflict with North Korea.
Governance ranking, 10 October, 2017
Diageo tops rankings in IoD’s good governance report
The Institute of Directors’ annual ranking of listed UK companies for their good governance sees distiller lead the way.